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Two Pubs, Restaurant, Microbrewery To Lease Or For Sale

Manchester, Greater Manchester
Freehold Price:
£750,000
Leasehold:
£160,000
Turnover:
£500,000
Net Profit:
Available on request

Available due to owners ill health/retirement plans.
Freeholds for sale or 10 year leasehold - must all be sold/leased as one purchase/business as they're more profitable working together.
Suit as a family business or for small pub company expansion.
The micro-brewery supplies both pubs and the Free Trade.
Situated in North West England circa Greater Manchester.

Property information

Property:

Available as freehold and leasehold

Leasehold Type:
New
Lease Terms:

The lease would be FRI (Full Repair and Insure lease), which is the norm in todays market.

Leasehold Rent:

£52,000 per annum

Living Accommodation:

There is adequate two bedroomed living accommodation above both sets of premises.

Location:

The premises are on two sites, the larger pub and restaurant is just two minutes walk from a town centre and the smaller pub with attached micro brewery around 25-30 minutes drive away is situated more rurally, about five minutes walk from a smaller town centre.

Business Operation

Reasons for selling:

Owners ill health/retirement plans.

Trading hours:

Both pub's have an alcohol licence until 2:00am, however the trading hours vary.
The larger pub opens midday till 2:00am most days.
The smaller pub opens Sun-Thurs 14:00 till 23:00 and Fri-Sat midday till 1:00am or 2:00am.

Employees:
There are around 13 employees in total, 3 full time and the rest part time.
Years established:
The businesses were purchased and have been built up over a 22 year period.

Other Information

Support & training:

Prospective purchasers/Lessees will have the benifit of the present owners 25 years plus experience in the trade, they can expect guidance with the brewing process - although there is presently a part time self-employed brewer available, who does all of the brewing at the moment.
Advice will also be given for the application of all necessary licenses, a detailed list of suppliers will also be provided.

Leasehold asking price:
£160,000

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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